218
218
Dec 5, 2012
12/12
by
CURRENT
tv
eye 218
favorite 0
quote 0
over the fiscal cliff. he's also claiming to call on congressional leaders to make sure we raise the debt ceiling without contention. the white house making the case that extending the bush tax cuts for the middle class is directly connected to the health of our businesses. companies need to know consumers will be able to spend and in his first post-election interview president obama again rejected the house republican counteroffer that is on the table. >> unfortunately the speaker's proposal right now is still out of balance. we're going to have to see the rates on the top 2% go up and we're not going to be able to get a deal without it. >> let's hope he sticks to it. >> g.o.p. leaders aren't only dealing with the president and congressional democrats they're dealing with a split within their own ranks. more conservative republicans don't want party leaders to compromise anymore than they think they already have. even though the republican plan offers up $800 billion in new taxes without upping tax rates a
over the fiscal cliff. he's also claiming to call on congressional leaders to make sure we raise the debt ceiling without contention. the white house making the case that extending the bush tax cuts for the middle class is directly connected to the health of our businesses. companies need to know consumers will be able to spend and in his first post-election interview president obama again rejected the house republican counteroffer that is on the table. >> unfortunately the speaker's...
163
163
Nov 30, 2012
11/12
by
MSNBCW
tv
eye 163
favorite 0
quote 0
but going over the fiscal cliff is serious business. and i'm here seriously trying to resolve it. and i would hope the white house would get serious as well. >> good morning. i'm mika brzezinski along here with joe scarborough, and this is "way too early." it's just "way too
but going over the fiscal cliff is serious business. and i'm here seriously trying to resolve it. and i would hope the white house would get serious as well. >> good morning. i'm mika brzezinski along here with joe scarborough, and this is "way too early." it's just "way too
211
211
Nov 30, 2012
11/12
by
CNBC
tv
eye 211
favorite 0
quote 0
. >>> if we go over the fiscal cliff, global business travel association estimates that u.s. biz travel spending will take a $20 billion hit in the short term. but how about the long term outlook? find out next. [ male announcer ] you are a business pro. governor of getting it done. you know how to dance... with a deadline. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. this is awesome. [ male announcer ] yes, it is, business pro. yes, it is. go national. go like a pro. >>> what are the long term effects for business travel if the economy falls off the fiscal cliff? the gbta predicts the reduced deficits and lower interest rates will lead to growth in the economy and an increase in business travel spending. >>> welcome back. now to the weather channel. reynolds wolf is standing by. what is happening around the country today? >> the story is all west. everything is taking place out west. rain, some strong winds, even some snow. some places snow getting
. >>> if we go over the fiscal cliff, global business travel association estimates that u.s. biz travel spending will take a $20 billion hit in the short term. but how about the long term outlook? find out next. [ male announcer ] you are a business pro. governor of getting it done. you know how to dance... with a deadline. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the...
142
142
Dec 5, 2012
12/12
by
CNBC
tv
eye 142
favorite 0
quote 0
business, continue to grow and at the same time make sure we solve this fiscal cliff. each and every day as we walk the halls you continue to ask the question. we want the answers solving fiscal cliff. we put be a offer on the table. the president now has to engage. i think the next 72 hours are critical. he sits back and continues to play politics, that will give you answer of where we're going. this is an opportunity for this country to lead. this is an opportunity for the president to lead. >> as fiscal cliff negotiations and debate continues, i think it's important to remember that washington doesn't have a revenue problem. it has a spending problem. under this administration under president obama we have seen record deficits and a record debt accumulate and yet he keeps demanding that we raise taxes -- >> those are some of the republican leadership in the house as you can see responding to the white house's response to their counteroffer of a couple days ago as a reminder the president is going to speak to the business roundtable at 10:50 this morning. we think he
business, continue to grow and at the same time make sure we solve this fiscal cliff. each and every day as we walk the halls you continue to ask the question. we want the answers solving fiscal cliff. we put be a offer on the table. the president now has to engage. i think the next 72 hours are critical. he sits back and continues to play politics, that will give you answer of where we're going. this is an opportunity for this country to lead. this is an opportunity for the president to lead....
100
100
Nov 30, 2012
11/12
by
CNBC
tv
eye 100
favorite 0
quote 0
you talk about the greek fiscal cliff. we have our own and people here say we could be the next greece. how does that make you feel when you hear that kind of talk from american politicians, american business people, american citizens? >> extremely worrisome because you represent 25% of the global economy whereas greece, which wasn't the cause of the european crisis, only represents 2% of the european gdp. so if you guys were to actually have such deep problems, then it would mean problems for everyone globally and no one would want that. i'm sure that you'll be able to find the right solution by the end of december. >> let us hope. mr. michalos, thank you very much. sue? >>> thank you, ty. two big winners in that $587 million record powerball lottery. but how much do you really need to earn to make you happy? the answer may surprise you. >>> and before you fill up your tank with gas, listen up. aaa is warning regulators to stop sales of a certain type of fuel at the pump because it could damage your car and void your car
you talk about the greek fiscal cliff. we have our own and people here say we could be the next greece. how does that make you feel when you hear that kind of talk from american politicians, american business people, american citizens? >> extremely worrisome because you represent 25% of the global economy whereas greece, which wasn't the cause of the european crisis, only represents 2% of the european gdp. so if you guys were to actually have such deep problems, then it would mean...
130
130
Dec 1, 2012
12/12
by
CSPAN
tv
eye 130
favorite 0
quote 0
the president traveled to pennsylvania to visit a small business today to talk about the fiscal cliff. unfortunately, it's the president and members of his own party who were proposing that we let many small businesses, as in hundreds of thousands of them, go over the fiscal cliff. simply put, that's why we don't have an agreement as yet. they said yesterday this is not a game. i used to be a small business owner. small business owners are regular men and women from all backgrounds who, in today's economy, are facing challenges on a daily basis. and the president's tax increase would be another crippling blow for them while doing little to nothing to solve the bigger problem here, which is our national deficit and our national this debt doesn't exist because we don't tax small businesses enough. it exists because washington continues to spend too much. raising taxes on small businesses instead of taking a balanced approach that also cuts spending is wrong. it's only going to make it harder for our economy to grow. and if our economy doesn't grow, americans don't get new jobs. and the
the president traveled to pennsylvania to visit a small business today to talk about the fiscal cliff. unfortunately, it's the president and members of his own party who were proposing that we let many small businesses, as in hundreds of thousands of them, go over the fiscal cliff. simply put, that's why we don't have an agreement as yet. they said yesterday this is not a game. i used to be a small business owner. small business owners are regular men and women from all backgrounds who, in...
150
150
Nov 29, 2012
11/12
by
MSNBCW
tv
eye 150
favorite 0
quote 0
but going over the fiscal cliff is serious business. and i'm here seriously trying to resolve it. and i would hope the white house would get serious, as well. >> is this assessment of yours based on the meeting with secretary geithner or your phone call with president obama last night and you can tell us something about that knophone c? >> we had very nice conversation last night. it was direct and straightforward. but this assessment i give you today would be a product of both of those conversations. >> how much would you be open to the idea of discretionary spending cuts as part of a down payment to give to a longer range solution on entitlements and tax reform? >> there are a lot of options on the table, including that one. >> mr. speaker, before the election, you were asked whether if obama won taxes would have to go up. and you've made it sound like you would oppose that. now you're acknowledging that they will. >> the day after the election, i came here and made it clear that republicans would put revenue on the table as a way to begin to move the process to get this resolve
but going over the fiscal cliff is serious business. and i'm here seriously trying to resolve it. and i would hope the white house would get serious, as well. >> is this assessment of yours based on the meeting with secretary geithner or your phone call with president obama last night and you can tell us something about that knophone c? >> we had very nice conversation last night. it was direct and straightforward. but this assessment i give you today would be a product of both of...
291
291
Dec 6, 2012
12/12
by
CNBC
tv
eye 291
favorite 0
quote 0
do on whether or not people heard about the fiscal cliff. have you heard of it? comparing it to some of the other times people asked about news event, there's the trayvon martin shooting in the street, occupy wall street, 82%, facebook ipo 7 %, 70% of the republic has heard it compared to the fiscal crisis in greece, 63% had heard it. in that number 36% had read a lot about it or heard a lot about it. do they believe a solution is likely? our numbers different from other poles. americans are more optic. first of all see what they think, unlikely 73% back in november when we asked about the debt program would there be an agreement, 73% saying that, now 44%. the number you want to think is 4% to 44% thinks a solution is likely. who thinks it's likely, that's interesting and driving this number. he can break it down by party. look at what we find, republicans 52-42, independents, i come back here, there we go, independents 47-32 and it's really what you see here 60% of democrats think it's unlikely. i just want to show you again when we get to
do on whether or not people heard about the fiscal cliff. have you heard of it? comparing it to some of the other times people asked about news event, there's the trayvon martin shooting in the street, occupy wall street, 82%, facebook ipo 7 %, 70% of the republic has heard it compared to the fiscal crisis in greece, 63% had heard it. in that number 36% had read a lot about it or heard a lot about it. do they believe a solution is likely? our numbers different from other poles. americans are...
138
138
Dec 4, 2012
12/12
by
CSPAN
tv
eye 138
favorite 0
quote 0
cliff? is it not a cliff? is it it -- is it a slope? is it the end of america as we know it or whatever? but in this debate there are few things that are absolutely critical. tax policy, the president has laid out very, very clearly as did the election. we are going to do tax reform. yes, and it's time for those at the upper end of this wealthy country to pay their fair share. and so the president has made it very clear, we are going to raise the rates on those making over $250,000 a year. by the way, we ought to be clear about understanding what that means. that means 100% of americans get a tax break. on the first $250,000 of income. over that, yes, they are going to pay a higher rate, marginal rate for that over the top. but what i really want to talk about today with my colleagues who will be joining me in the next few minutes is another part of this debate. and that is on the reductions in federal expenditures. what's the best way to do it? how are we going to reduce federal expenditure
cliff? is it not a cliff? is it it -- is it a slope? is it the end of america as we know it or whatever? but in this debate there are few things that are absolutely critical. tax policy, the president has laid out very, very clearly as did the election. we are going to do tax reform. yes, and it's time for those at the upper end of this wealthy country to pay their fair share. and so the president has made it very clear, we are going to raise the rates on those making over $250,000 a year. by...
202
202
Dec 5, 2012
12/12
by
CNBC
tv
eye 202
favorite 0
quote 0
we'll and jeff solomon -- what other effects the fiscal cliff is having on business and investment. and reminder, here we go again, this is -- don't miss steve liesman's exclusive interview. >> read it, joe, it's what the company wants you to do. >> with treasury secretary tim geithner. liesman will be on at 4:00 he'll also have geithner. [ male announcer ] this december, remember -- what starts with adding a friend... ♪ ♪ ...could end with adding a close friend. ♪ the lexus december to remember sales event is on, offering some of our best values of the year. this is the pursuit of perfection. >>> welcome back to "squawk box," everyone. let's take a look at shares of walgreens. november same store sales fell by 6.2%. that is smaller than the 7.3% drop that analysts had been expecting. >>> and a big deal just made official moments ago, freeport mcmoran is buying two companies. the combined price about $20 billion. now owns about 31% of mcmoran exploration. take a look at that, up about 25% for plains exploration. >> mm-hmm. >>> and another company moving up its dividend, best b
we'll and jeff solomon -- what other effects the fiscal cliff is having on business and investment. and reminder, here we go again, this is -- don't miss steve liesman's exclusive interview. >> read it, joe, it's what the company wants you to do. >> with treasury secretary tim geithner. liesman will be on at 4:00 he'll also have geithner. [ male announcer ] this december, remember -- what starts with adding a friend... ♪ ♪ ...could end with adding a close friend. ♪ the lexus...
66
66
Nov 30, 2012
11/12
by
CNBC
tv
eye 66
favorite 0
quote 0
we want to listen to speaker boehner making comments right now on the fiscal cliff. >> small business owners are regular men and women from all backgrounds who in today's economy are facing challenges on a daily basis. the president's tax increase would be another crippling blow for them while doing little to nothing to solve the bigger problem here which is our national deficit and our national debt. this debt doesn't exist because we don't tax small businesses enough. it exists because washington continues to spend too much. raising taxes on small businesses instead of taking a balanced approach that also cuts spending is wrong. it's only going to make it harder for our economy to grow. if our economy doesn't grow, americans don't get new jobs. and the debt problem that we have will continue to threaten our children's future. as i said the day after the election the republicans are not seeking to impose our will on the president. we're seeking a bipartisan solution that can pass both chambers of congress and be signed into law by the president in the coming days. during the campaign
we want to listen to speaker boehner making comments right now on the fiscal cliff. >> small business owners are regular men and women from all backgrounds who in today's economy are facing challenges on a daily basis. the president's tax increase would be another crippling blow for them while doing little to nothing to solve the bigger problem here which is our national deficit and our national debt. this debt doesn't exist because we don't tax small businesses enough. it exists because...
88
88
Dec 5, 2012
12/12
by
MSNBCW
tv
eye 88
favorite 0
quote 0
the president all business today in washington, sitting down for a business roundtable, about the fiscal cliff, it's all part of an effort to keep the heat on republicans to cave on tax hikes for the wealthy in order to reach a deal but congressman boehner saying the person the president needs to be talking to is him, and doing so face-to-face, so who is standing in the way of compromise? we have a line-up of guests, debbie wasserman schultz, senator ben carden of maryland and former oklahoma congressman j.c. watts who is also being touted to take up a new job, rnc chairman, plus live coverage of the president's remarks straight ahe ahead. plaque psoriasis. i decided enough is enough. ♪ [ spa lady ] i started enbrel. it's clinically proven to provide clearer skin. [ rv guy ] enbrel may not work for everyone -- and may not clear you completely, but for many, it gets skin clearer fast, within 2 months, and keeps it clearer up to 9 months. [ male announcer ] because enbrel®, etanercept, suppresses your immune system, it may lower your ability to fight infections. serious, sometimes fatal
the president all business today in washington, sitting down for a business roundtable, about the fiscal cliff, it's all part of an effort to keep the heat on republicans to cave on tax hikes for the wealthy in order to reach a deal but congressman boehner saying the person the president needs to be talking to is him, and doing so face-to-face, so who is standing in the way of compromise? we have a line-up of guests, debbie wasserman schultz, senator ben carden of maryland and former oklahoma...
206
206
Dec 4, 2012
12/12
by
CNBC
tv
eye 206
favorite 0
quote 0
we talked about a lot of things including the looming fiscal cliff. talked about business concerns as you head into the end of the year and even what to expect in 2014. bank of america has 55 million customers here in america. they represent one out of every two households. so moynihan has a very good idea about what consumers are doing and if they spending less because of the fiscal cliff. here's what he had to say. >> i'm more about business behavior than consumer behavior. people continue to spend, housing is a little better. all the things that affect stock market are in decent shape. the question was will everything going on cause them on slow down again. >> what are you you see rg businesses right now? >> almost a year and a halving a go, businesses getting concerned about the nature of the dialogue about the fiscal situation? washington and in europe and the issues that had to be dealt with long term and how it affects near term business in terms of what would be accelerated appreciation for investment in business. what will be the final demand
we talked about a lot of things including the looming fiscal cliff. talked about business concerns as you head into the end of the year and even what to expect in 2014. bank of america has 55 million customers here in america. they represent one out of every two households. so moynihan has a very good idea about what consumers are doing and if they spending less because of the fiscal cliff. here's what he had to say. >> i'm more about business behavior than consumer behavior. people...
213
213
Nov 30, 2012
11/12
by
CURRENT
tv
eye 213
favorite 0
quote 0
going over the fiscal cliff is serious business. >> is serious. >> sound byte: i'm here trying to resolve it. i would hope the white house would get serious as well. >> get it solved with bourbon. >> stephanie: jim can confirm this is what we've been doing all morning. i brought in leftover french fries and i brought mustard and i've been doing this all morning. sorry about the carpet. sorry, sorry. >> the noises were more graphic when there was more mustard. >> speaking of immature on facebook, tell stephanie if she's ever in austin, i know a gay boy who would motor boat her vigorously. [ squeezing mustard ] >> so that happened. >> stephanie: we've had a week. dan in columbus, here on "the stephanie miller show." hi dan. >> caller: hey, stephanie. my congressional district is right next to john boehners, and if anyone thinks he's the voice of reason, they need to come and read the columbus dispatch to see some of the stuff that he says that is even more inflammatory than the stuff he has been saying the last week or so. he cares about one thing, and that's keeping himself in the speaker
going over the fiscal cliff is serious business. >> is serious. >> sound byte: i'm here trying to resolve it. i would hope the white house would get serious as well. >> get it solved with bourbon. >> stephanie: jim can confirm this is what we've been doing all morning. i brought in leftover french fries and i brought mustard and i've been doing this all morning. sorry about the carpet. sorry, sorry. >> the noises were more graphic when there was more mustard....
221
221
Nov 29, 2012
11/12
by
CNBC
tv
eye 221
favorite 0
quote 0
but going over the fiscal cliff is serious business. and i'm here seriously trying to resolve it. and i would hope the white house would get serious as well. >> is this assessment -- is this assessment of yours based on the meeting with secretary geithner or your phone call with president obama last night and can you tell us something about that phone call? >> well, we had a very nice conversation last night. it was direct. and straightforward. but this -- this assessment i give you today would be a product of both of those conversations. >> how much would you be open to the idea of discretionary spending cuts as part of a down payment to get to a longer range solution on entitlements and tax reform. >> there are a lot of options that are on the table including that one. >> mr. speaker, before the election you were asked whether if obama won, taxes would have to go up. you've made it sound like you would oppose that. now you've -- you're acknowledging that they will. >> the day after the election, i came here and made it clear that republicans would put revenue on the table. as a
but going over the fiscal cliff is serious business. and i'm here seriously trying to resolve it. and i would hope the white house would get serious as well. >> is this assessment -- is this assessment of yours based on the meeting with secretary geithner or your phone call with president obama last night and can you tell us something about that phone call? >> well, we had a very nice conversation last night. it was direct. and straightforward. but this -- this assessment i give you...
251
251
Dec 4, 2012
12/12
by
CNNW
tv
eye 251
favorite 0
quote 0
. >>> but first, the president has a plan to avoid the fiscal cliff. but republican house speaker john boehner dismisses it as, and i'm quoting, la la land. the republicans offered their proposal, that happened about 24 hours ago. the white house quickly labels it as nothing new. business as usual, right? so how do we move beyond this stalemate in washington? we heard from the president, just a short time ago. our chief white house correspondent jessica yellin joins me now, jessica, the president spoke out, sat down in an interview with bloomberg tv, and in listening to the interview, did you hear any clues toward a possible compromise here? >> reporter: not new clues, brooke. the president laid down the marker that we heard from the white house consistently, which is they aren't moving until they hear the republicans agree to raise tax rates on the wealthiest. listen to what the president had to say. >> i think that, you know, we have the potential of getting a deal done, but it is going to require what i talked about during the campaign, which is a b
. >>> but first, the president has a plan to avoid the fiscal cliff. but republican house speaker john boehner dismisses it as, and i'm quoting, la la land. the republicans offered their proposal, that happened about 24 hours ago. the white house quickly labels it as nothing new. business as usual, right? so how do we move beyond this stalemate in washington? we heard from the president, just a short time ago. our chief white house correspondent jessica yellin joins me now, jessica,...
165
165
Dec 1, 2012
12/12
by
CNBC
tv
eye 165
favorite 0
quote 0
in part because of worries about the fiscal cliff. have entrepreneurs sitting on the sidelines. who wants to start a business without knowing what the capital gains tax will be, tax code rate. plus the whole office supply industry has been shrinking for awhile, not just office max but office depot, and even best of breed staples, as companies shifted away from using lots of paper towards digital solutions like apple ipads. meanwhile there's not that much demand for the technological devices some of the companies sell which have become increasingly commodized. think personal computers. just witness the hideous performance of best buy. despite all these big perceived big picture, office max has been rallying like crazy. stock has run up 122% for year. yes, 122%. and it's fallen from 4.26 from the beginning of august to nearly $10. right now where the stock is less than a point off its 52-week high. is that -- well what the heck, right? five months ago this stock had been left for dead. but now somehow office max has managed to find new life and become a monster good performer. jus
in part because of worries about the fiscal cliff. have entrepreneurs sitting on the sidelines. who wants to start a business without knowing what the capital gains tax will be, tax code rate. plus the whole office supply industry has been shrinking for awhile, not just office max but office depot, and even best of breed staples, as companies shifted away from using lots of paper towards digital solutions like apple ipads. meanwhile there's not that much demand for the technological devices...
297
297
Nov 30, 2012
11/12
by
MSNBCW
tv
eye 297
favorite 0
quote 0
cliff. but his actions have not matched his public statements. members of his own party seem quite comfortable with sending the economy over the fiscal cliff. >> the speaker's remarks riled the left and provoked this response from senate majority leader harry reid. >> he says that democrats have got to get serious about cuts, spending cuts. where is the disconnect, then? >> i don't understand his brain, so you should ask him. okay? >> with only a handful of legislative days left on the congress's calendar before the looming fiscal cliff becomes a raw reality, will the president and house gop find a way over the latest road black and back to the bargaining table? >> why did the white house decide to have this as their opening volley when they knew the response would be a negative one that they drew? >> was it hardball opening? yeah, of course it was. the question is, what's the counteroffer? >> i would imagine there has to -- tim geithner is too smart of a guy in this administration is filled
cliff. but his actions have not matched his public statements. members of his own party seem quite comfortable with sending the economy over the fiscal cliff. >> the speaker's remarks riled the left and provoked this response from senate majority leader harry reid. >> he says that democrats have got to get serious about cuts, spending cuts. where is the disconnect, then? >> i don't understand his brain, so you should ask him. okay? >> with only a handful of legislative...
46
46
Dec 6, 2012
12/12
by
CNBC
tv
eye 46
favorite 0
quote 0
. >> tom, business investment was down 2.2% in the latest gdp report, and a lot of that is fiscal cliff tied to that. when do you see business investments starting to pick up, because we all kind of know the housing story, we know consumers kind of hung in. i think actually the next big upside could be a business investment, if it comes back but when does that come, in your opinion? >> it's a tricky question because there's two dynamics when we talk about business investment, it's capital spending which has a huge tech component, but it's also construction activity because it's building out the commercial infrastructure, health care, roads, et cetera, that associate with capital spending itself. companies can be cautious and we know there are multi, multidecade levels of cautiousness given their cash and where spending is and at some point pure replacement has to take over. that's really what sparked the recovery in housing, we were scrapping so many homes and you had organic growth. i think we're getting to the break point soon. >> tom, let me ask you about a couple of your picks befor
. >> tom, business investment was down 2.2% in the latest gdp report, and a lot of that is fiscal cliff tied to that. when do you see business investments starting to pick up, because we all kind of know the housing story, we know consumers kind of hung in. i think actually the next big upside could be a business investment, if it comes back but when does that come, in your opinion? >> it's a tricky question because there's two dynamics when we talk about business investment, it's...
88
88
Nov 30, 2012
11/12
by
CSPAN
tv
eye 88
favorite 0
quote 0
fiscal cliff. first we hear from house speaker john boehner after meeting with treasury secretary tim geithner. that is followed by house democratic leaders after their meeting. then, senate democrats explain what they're looking for in negotiations with republicans. friday on "washington journal," a congressional this story and gives a history of the filibuster rule in the senate and explains the changes senate leader harry reid is pursuing. then austin tell us less starting at 7:00 eastern on c-span. -- washington journal is live at 7:00 eastern on c-span. >> we had 2000 flag officers and generals. today we had one dozen flak officers and generals. the ratio is out of whack. it is not a captain, and a battle of. we look at where we can not only save the money, but we can transfer responsibilities at of the pentagon and consolidate programs and serious significant amount of money. >> this weekend you can talk about tom coburn above the fiscal cliff and the republican party in "in the." on c-span 2
fiscal cliff. first we hear from house speaker john boehner after meeting with treasury secretary tim geithner. that is followed by house democratic leaders after their meeting. then, senate democrats explain what they're looking for in negotiations with republicans. friday on "washington journal," a congressional this story and gives a history of the filibuster rule in the senate and explains the changes senate leader harry reid is pursuing. then austin tell us less starting at 7:00...
1,154
1.2K
Nov 30, 2012
11/12
by
CNNW
tv
eye 1,154
favorite 0
quote 0
cliff is serious business. and i'm here seriously trying to resolve it. and i would hope the white house would get serious as well. >> speaker boehner made very clear at his press conference that he thinks the ball is in your court and the president's court. he says democrats have got to get series about spending cuts. where is the disconnect? >> i don't understand his brain so you should ask him. okay? >> reid making those comments to our own kate bolduan. i'm joined by dan lothian. dan, we're learning more about the white house plan to deal with the fiscal cliff. break it down for us. >> reporter: right. this is the plan that secretary -- treasury secretary timothy geithner took up to capitol hill yesterday. it calls for $1.6 trillion in tax increases over a ten-year period more than republicans had anticipated. in addition to that, $400 billion in spending cuts that will come later. much of that not really specified. we're looking at entitlements such as medicare. and then the plan also includes $50 billion
cliff is serious business. and i'm here seriously trying to resolve it. and i would hope the white house would get serious as well. >> speaker boehner made very clear at his press conference that he thinks the ball is in your court and the president's court. he says democrats have got to get series about spending cuts. where is the disconnect? >> i don't understand his brain so you should ask him. okay? >> reid making those comments to our own kate bolduan. i'm joined by dan...
167
167
Dec 4, 2012
12/12
by
CSPAN
tv
eye 167
favorite 0
quote 0
once we resolve the cliff, we need long-term fiscal reduction so that businesses can climb to the future. to get families and businesses certainty, we must agree in the next few weeks on specific spending cuts and specific revenue increases that reduce the deficit to avoid the fiscal cliff. we should not put off the hard decisions with gimmicks or with triggers. that is what got us here in the first place. it is time to bite the bullet and make the tough decisions and make them now. the first thing we should do is immediately and permanently extend the middle-class tax cuts. this will provide needed certainty to america's families and businesses and markets. this decisive action will ensure millions of american families do not see a tax hike of more than $2,000 starting next month. any agreement must also include a long-term extension of the debt ceiling. america cannot afford another debilitating fiscal showdown. has to be a package deal. then we need to enact a long term and, granted the solution. the most serious plan to recommend $4 trillion in deficit reductions over 10 years to res
once we resolve the cliff, we need long-term fiscal reduction so that businesses can climb to the future. to get families and businesses certainty, we must agree in the next few weeks on specific spending cuts and specific revenue increases that reduce the deficit to avoid the fiscal cliff. we should not put off the hard decisions with gimmicks or with triggers. that is what got us here in the first place. it is time to bite the bullet and make the tough decisions and make them now. the first...
149
149
Nov 30, 2012
11/12
by
CSPAN
tv
eye 149
favorite 0
quote 0
norman ornstein will tell us more about how it's being proposed and more on the fiscal cliff, specifically atx pyring tax credits that will affect families and businesses. to get you set up for our next segment on the filibuster rule, these are proposals that will take place in the next congress. minority leader mitch mcconnell debated this. here's a bit of that debate. >> mr. president, we believe that there should be one aspect of the change that is that it should be a non-debatable motion of proceeding. simple as that. the american people -- only ones who disagree that think this senate is working well are the republican leader and those republicans in congress. >> to the republican lead center >> yes. i hope the majority leader will stay on the floor here. i gather the way he proposes to affect this rule change is to deal with the simple majority. you didn't address that issue. >> but of course. >> well, -- >> that statement is untrue, and i don't accept that. >> mr. president, i believe i have the floor. that's the point. what the majority leader is saying he will break the rules of t
norman ornstein will tell us more about how it's being proposed and more on the fiscal cliff, specifically atx pyring tax credits that will affect families and businesses. to get you set up for our next segment on the filibuster rule, these are proposals that will take place in the next congress. minority leader mitch mcconnell debated this. here's a bit of that debate. >> mr. president, we believe that there should be one aspect of the change that is that it should be a non-debatable...
149
149
Dec 4, 2012
12/12
by
CSPAN
tv
eye 149
favorite 0
quote 0
the last minute on the fiscal cliff -- i do not think it is a good way to do business. it seems to be the way we are doing business in this town. host: if we were to go over, what happens? guest: probably, congress would be back in session quickly and we would do something but i am talking about right now, hopefully, and continue to negotiate. it is not to question of dollars and cents. some people have said we could let the rates go up and the republicans could take something down and they could call that a tax cut. people would lose faith in the institution and political leadership. trust is a funny commodity. you have it until you do not. you do not get it back if you lose the trust and then do the right thing the next day. we should convince the country, the markets and the world that america can make smart decisions and tough compromises. this would be a step in the right direction of showing we can work together, and we could put the people first. we have differences and we could fight without putting them in harm's way. host: roger altman writes in "the financial
the last minute on the fiscal cliff -- i do not think it is a good way to do business. it seems to be the way we are doing business in this town. host: if we were to go over, what happens? guest: probably, congress would be back in session quickly and we would do something but i am talking about right now, hopefully, and continue to negotiate. it is not to question of dollars and cents. some people have said we could let the rates go up and the republicans could take something down and they...
280
280
Nov 30, 2012
11/12
by
FOXNEWSW
tv
eye 280
favorite 0
quote 0
going over the fiscal cliff is serious business and i'm here seriously trying to resolve it. and i would hope the white house would get serious as well. >> reporter: you had senate republican leader mitch mcconnell say after a meeting with geithner that he considered this is a step backward. and so all the rhetoric, all the talk here on capitol hill sounds pretty pessimistic at this point, guys. bill: we heard a little bit from chris van hollen. what is the latest reaction from democrats to republicans mike? melissa: democrats say if you don't like the president's plan, republicans where is your plan? where exactly are you going to generate more revenue. they're trying to draw the republicans out to put specifics out there in terms of what cuts they want to make to entitlements, feeling like that may hurt republican argument. bottom line, house democratic leader nancy pelosi says she thinks republicans will eventually see the light. melissa: why am i confident? because it is the right thing to do. the american people expect and deserve this to happen. it is only a decision. i
going over the fiscal cliff is serious business and i'm here seriously trying to resolve it. and i would hope the white house would get serious as well. >> reporter: you had senate republican leader mitch mcconnell say after a meeting with geithner that he considered this is a step backward. and so all the rhetoric, all the talk here on capitol hill sounds pretty pessimistic at this point, guys. bill: we heard a little bit from chris van hollen. what is the latest reaction from democrats...
235
235
Dec 4, 2012
12/12
by
CSPAN2
tv
eye 235
favorite 0
quote 0
to shield 98% of families and 97% of small businesses from the income tax part of this so-called fiscal cliff. we passed the middle-class tax cuts act on july 25 of this year and we sent the measure to the house of representatives. did speaker boehner and the republicans in the house promptly pass this popular bill and send it to president obama for his signature? did they move to protect 98% of middle-class families from this tax hike in january? no. no. they decided to hold the middle-class tax cuts passed by the senate hostage in an attempt to push for tax cuts for the folks they care the most about, the top 2% of highest earning households. republicans fighting for millionaires and billionaires is not a new story. in 2001, president george w. bush decided to spend a large portion of the surpluses he inherited from president clinton to cut tax rates. many democrats opposed him then because the tax cuts were unfair, favoring the highest-income americans. to overcome that obstacle, the republicans resorted to a parliamentary technique, budget reconciliation, a maneuver that allowed for
to shield 98% of families and 97% of small businesses from the income tax part of this so-called fiscal cliff. we passed the middle-class tax cuts act on july 25 of this year and we sent the measure to the house of representatives. did speaker boehner and the republicans in the house promptly pass this popular bill and send it to president obama for his signature? did they move to protect 98% of middle-class families from this tax hike in january? no. no. they decided to hold the middle-class...
228
228
Nov 30, 2012
11/12
by
MSNBCW
tv
eye 228
favorite 0
quote 0
but going over the fiscal cliff is serious business. and i'm here seriously trying to resolve it. and i would hope the white house would get serious as well. >> we can debate at length whether the november 6th election was a mandate, but i don't think we can debate the basics that it was a work order, a work order from the american people to members of congress and to the president, roll up your sleeves, work together and solve the problems. we got the message. did speaker boehner get the message? because the message was work together. what we hear from him is all of his pain and frustration and angst dealing with the tea party in his own caucus. well, there comes a point when he needs to look beyond his caucus to the house and to the nation. >> all right. welcome back to "morning joe." >> i guess the more things change, the more they stay the same. it's depressing, you're right, harold, we've seen this movie before. this was a year ago. this happened a year ago. and i know the media says oh, it's the republicans' fault any time the house doesn't completely fold into what the pres
but going over the fiscal cliff is serious business. and i'm here seriously trying to resolve it. and i would hope the white house would get serious as well. >> we can debate at length whether the november 6th election was a mandate, but i don't think we can debate the basics that it was a work order, a work order from the american people to members of congress and to the president, roll up your sleeves, work together and solve the problems. we got the message. did speaker boehner get the...
82
82
Nov 30, 2012
11/12
by
FBC
tv
eye 82
favorite 0
quote 0
liz: taxes might not be only thing facing increases from the fiscal cliff. look on your screen. milk prices. could they double if we fail to reach a deal? we're live on a farm we details on that possibility >> i'm sandra smith with your fox business brief. stocks spent the day drifting between gains and losses as investors focused their attention on washington and the fiscal cliff negotiations. amr looking for more time to submit a bankruptcy restructuring plan. the airline along with its creditors has filed a request in a manhattan bankruptcy court to extend its exclusive right deadline to march 11th. earlier this year amr said it would prefer to exit as a stand-alone company but is discussing merger options. >>> long island power authority chairman howard steinberg has reportedly resigned from his post effective immediately. that is according to news day. steinberg's resignation is a latest in string of departures following the criticism of the utility's company performance in the wake of superstorm sandy. that is the latest from the fox business network, giving you the power
liz: taxes might not be only thing facing increases from the fiscal cliff. look on your screen. milk prices. could they double if we fail to reach a deal? we're live on a farm we details on that possibility >> i'm sandra smith with your fox business brief. stocks spent the day drifting between gains and losses as investors focused their attention on washington and the fiscal cliff negotiations. amr looking for more time to submit a bankruptcy restructuring plan. the airline along with its...
282
282
Nov 30, 2012
11/12
by
CNNW
tv
eye 282
favorite 0
quote 1
. >>> the fight over the fiscal cliff is having an affect on small businesses right now. just as congress, the people running those businesses, they're not agreeing on a solution, but poppy harlow, she's got the perspective from the folks who are suffering. >> if any company, any business did the method of accounting as the government sdshgs we would be in jail. >> you sound like you've had it? >> yes, basically i have. >> debt is a cancer. that's what bob told me when we met him at his limousine company in freehold, new jersey. stoo here's the reservations. staffed 24 hours a day. >> reporter: he started the business back in 1984. today he has a staff of 75. 53 cars. one big question. >> i just want congress to tell me to come up with what the boundaries are so i know -- i know how to run my business. i know how to plan. >> he has laid off four employees in the last six months. he says the business made it through the stock market crash of 1987, the savings and loan crisis, and 9/11 with no decline in revenue until the financial crisis of 2008 and now this. >> could more
. >>> the fight over the fiscal cliff is having an affect on small businesses right now. just as congress, the people running those businesses, they're not agreeing on a solution, but poppy harlow, she's got the perspective from the folks who are suffering. >> if any company, any business did the method of accounting as the government sdshgs we would be in jail. >> you sound like you've had it? >> yes, basically i have. >> debt is a cancer. that's what bob told...
151
151
Dec 5, 2012
12/12
by
MSNBCW
tv
eye 151
favorite 0
quote 0
two days after the republican fiscal cliff counter offer, both sides are coming out swings. speaker john boehner defended his proposal this morning, adopting a page from the dem's fairness playbook. >> the revenues we're putting on the table are going to come from, guess who? the rich. closing loopholes, especially on those who are wealthy, is a better way to raise this revenue than raising
two days after the republican fiscal cliff counter offer, both sides are coming out swings. speaker john boehner defended his proposal this morning, adopting a page from the dem's fairness playbook. >> the revenues we're putting on the table are going to come from, guess who? the rich. closing loopholes, especially on those who are wealthy, is a better way to raise this revenue than raising
182
182
Nov 30, 2012
11/12
by
CURRENT
tv
eye 182
favorite 0
quote 0
the fiscal cliff is getting close now. it's just a month away. with fears of the tax hike coming, some businesses are scrambling to make a big profit before december 31st. now, obviously holiday shopping will help with that. but many are saying that's just not enough. deal makers and their clients are hustling to sell stocks and even entire companies, all in an effort to get that money in their pockets before the new year. this week, secretary of state hillae clinton is joining in on the conversation, calling it an issue of national security. >> that's because if congress fails to pass a budget deal in the next 31 days we could see dangerous consequences, not only for the u.s. standing in the world but, also for the entire global economy. clinton spoke with the brookins institute yesterday and said while europe does need to fix its own props, much of the -- problems, much of the burden is on washington to build stronger foundationsats home. house speaker boehner said yesterday that he was seeing no progress in negotiations but the democrats, they
the fiscal cliff is getting close now. it's just a month away. with fears of the tax hike coming, some businesses are scrambling to make a big profit before december 31st. now, obviously holiday shopping will help with that. but many are saying that's just not enough. deal makers and their clients are hustling to sell stocks and even entire companies, all in an effort to get that money in their pockets before the new year. this week, secretary of state hillae clinton is joining in on the...
175
175
Nov 30, 2012
11/12
by
KGO
tv
eye 175
favorite 0
quote 0
as for the stock market, closing higher after treasury secretary headed to capitol hill for fiscal cliff negotiations. as for bloomberg silicon valley index, it ended up, as well. getting back to daily deals, there is a business that is troubled and another company, living social. it just laid off about 400 employees, roughly 10 percent of its total work force. this comes after amazon took $169 million write down last quarter in it's stake. >>> we've seen scattered showers throughout the day but only the beginning of what is to come. >> some in is little bit of a lull. >> absolutely. that is going to spell trouble. winds over the higher terrain, gusting 40-50 miles an hour. here is a live picture. you can see a wet and windy scene there. the vein steady in the north bay. i want to show you live doppler 7-hd. you will see it's pretty widespread. let me take you in closer and shoe you where it is range from ukiah down to cloverdale. the rain ahead of the storm down to street level. river road, fountain grove parkway, rainfall right now but it's light. stronger winds are coming for the morn
as for the stock market, closing higher after treasury secretary headed to capitol hill for fiscal cliff negotiations. as for bloomberg silicon valley index, it ended up, as well. getting back to daily deals, there is a business that is troubled and another company, living social. it just laid off about 400 employees, roughly 10 percent of its total work force. this comes after amazon took $169 million write down last quarter in it's stake. >>> we've seen scattered showers throughout...
138
138
Nov 29, 2012
11/12
by
CSPAN
tv
eye 138
favorite 0
quote 0
but going over the fiscal cliff is serious business, and i'm here seriously trying to resolve it and i would hope the white house would get serious as well. >> is this based on your meeting with secretary geithner or your phone call with president obama last night. could you tell us something about that phone call? >> well, we had a very nice conversation last night. it was direct. and straightforward. but this assessment i give you today would be a product of both of those conversations. >> how much would you be open to the idea of discretionary spending cuts as part of a down payment to get to a longer range solution on entitlements and tax reforms? >> there are a lot of options on the table including that one. >> before the election you were asked whether if obama won taxes would have to go up. i are acknowledging that they will. >> the day after the election i came here and made it clear that the republicans would put revenue on the table as a way to begin to move the process to get this resolved. >> my question is, what message do you have for people who look at the negotiating
but going over the fiscal cliff is serious business, and i'm here seriously trying to resolve it and i would hope the white house would get serious as well. >> is this based on your meeting with secretary geithner or your phone call with president obama last night. could you tell us something about that phone call? >> well, we had a very nice conversation last night. it was direct. and straightforward. but this assessment i give you today would be a product of both of those...
279
279
Dec 7, 2012
12/12
by
CNBC
tv
eye 279
favorite 0
quote 0
cliff uncertainty could lead to an increase in mergers and acquisitions. they look to complete transactions by year end and i made a fool of myself the last hour trying to go all the way through. not doing it anymore. >> we do that all the time here. that's what we have three hours for. >> it was dumb. >> the name fiscal cliff where did that actually come from? >> i don't know. >> bernanke maybe. >> maybe. >> really? >> maybe bernanke. >> that thing really stuck. >> that's a good question. that's good trivia. i'll goog it. >> we've said it's not really. it doesn't happen really. it's more of a ski slope it's not a black diamond slope. it's more advanthan advanced. >> a double blue. >> but not without a lot of moguls. >> dan gilbert is the own of the cleveland cavaliers and the founder of quicken loans and you're the perfect person to have here because you have your finger on so many different things happening in detroit and around the country. let's start with the housing industry this morning because people have been trying to figure out if the resurgence
cliff uncertainty could lead to an increase in mergers and acquisitions. they look to complete transactions by year end and i made a fool of myself the last hour trying to go all the way through. not doing it anymore. >> we do that all the time here. that's what we have three hours for. >> it was dumb. >> the name fiscal cliff where did that actually come from? >> i don't know. >> bernanke maybe. >> maybe. >> really? >> maybe bernanke. >>...
328
328
Dec 7, 2012
12/12
by
CNNW
tv
eye 328
favorite 0
quote 0
fiscal cliff or november's job numbers could be an anomaly and data thrown out the window in next month he a report. we have to see. >>> speaking of workers, ibm, a company at the forefront of employee benefits is overhauling the retirement benefits program, like many companies out there, they match employee 401(k) contributions 6 to 8% of pay every pay period. now the company says it is switching the matches it makes to once a year, so the amount employees get from ibm isn't changing but the workers that leave before december 15 matching date won't get their payment for the year. look out for companies to follow that move with similar ones of their own in attempt to save on employee benefits. be careful when you decide to leave the company you work for. bad timing could cost you. for more detailed coverage, tune into "your money" saturday at 1:00 p.m. eastern. paired with savory garlic shrimp. just $12.99. come into red lobster and sea food differently. and introducing 7 lunch choices for just $7.99. bp has paid overthe people of bp twenty-threeitment to the gulf. billion dollars to he
fiscal cliff or november's job numbers could be an anomaly and data thrown out the window in next month he a report. we have to see. >>> speaking of workers, ibm, a company at the forefront of employee benefits is overhauling the retirement benefits program, like many companies out there, they match employee 401(k) contributions 6 to 8% of pay every pay period. now the company says it is switching the matches it makes to once a year, so the amount employees get from ibm isn't changing...
186
186
Nov 29, 2012
11/12
by
MSNBCW
tv
eye 186
favorite 0
quote 1
business. i think they can just sit there and he can say, so, governor romney, what are your thoughts on the fiscal cliff. >> it doesn't matter. they're going to sit there for, what, 90 minutes, 30 minutes, 15? >> 90 minutes is excruciating. >> 90 minutes with mitt romney regardless of the person who's there would be pretty awkward. >> i think it's a good thing. i don't care what you all think anymore. >> he's over us. >> i do care about the 47 million people -- or 47% who voted for romney. i do care about you guys, right? that's cool. >>> up next, what women stand to lose in the fiscal fiasco. now president terry o'neill is in the guest spot. [ male announcer ] when a major hospital wanted to provide better employee benefits while balancing the company's bottom line, their very first word was... [ to the tune of "lullaby and good night" ] ♪ af-lac ♪ aflac [ male announcer ] find out more at... [ duck ] aflac! [ male announcer ] ...forbusiness.com. [ yawning sound ] try this... bayer? this
business. i think they can just sit there and he can say, so, governor romney, what are your thoughts on the fiscal cliff. >> it doesn't matter. they're going to sit there for, what, 90 minutes, 30 minutes, 15? >> 90 minutes is excruciating. >> 90 minutes with mitt romney regardless of the person who's there would be pretty awkward. >> i think it's a good thing. i don't care what you all think anymore. >> he's over us. >> i do care about the 47 million people...
171
171
Dec 7, 2012
12/12
by
CURRENT
tv
eye 171
favorite 0
quote 0
fiscal cliff week for the most part, a lot of other -- that and a lot of other news to talk about today. we have the big job numbers coming up today as well for the month of november. it won't be quiet as critical as the job numbers were. remember that? that was right before the election. but still, it's very important. we'll be on top of that and all of the other issues for you and with you and hearing from you at 866-55-press. >> that's our toll-free number 866-557-7377. follow us on twitter. join us on twitter. more and more people do. at the whitehouse, so many of the reporters were saying how much they love following us on twitter. you should, too, at bp show @bp show @bpshow and facebook/billpressshow. team press here for the fifth day in a row all together. this is a new record action i think. here we are five days. nobody took a day off. peter ogburn and dan henning. >> happy friday. >> and cyprian bowlding wearing god knows what hat this morning. our videographer in chief. >> the washington fuel team he is representing with his hat. >> redskins hat. >> they changed their unifor
fiscal cliff week for the most part, a lot of other -- that and a lot of other news to talk about today. we have the big job numbers coming up today as well for the month of november. it won't be quiet as critical as the job numbers were. remember that? that was right before the election. but still, it's very important. we'll be on top of that and all of the other issues for you and with you and hearing from you at 866-55-press. >> that's our toll-free number 866-557-7377. follow us on...
243
243
Dec 7, 2012
12/12
by
MSNBCW
tv
eye 243
favorite 0
quote 0
is it going to be easier to get bipartisan view on immigration or on the fiscal cliff? they're both very important in terms of getting business moving. >> i think there's more after consensus on immigration than on the fiscal cliff. >> let's talk about taxing overseas profits only where they are earned. explain that. >> well, that's really something where the united states is an outlier and the argument here is bring them back where they're earned. at the moment the problem is american companies have lots of money sitting overseas because they don't want to bring it back and be taxed in the united states. so that is something that puts as one of his eight points because it is holding back investments by american companies. >> all right. the new issue of "the economist" is "the world in 2013." daniel franklin. thank you so much for being on the show this morning. stay with us. much more on "morning joe." ♪ ♪ mom? dad? guys? [ engine turns over ] [ engine revs ] ♪ he'll be fine. [ male announcer ] more people are leaving bmw, mercedes and lexus for audi than ever be
is it going to be easier to get bipartisan view on immigration or on the fiscal cliff? they're both very important in terms of getting business moving. >> i think there's more after consensus on immigration than on the fiscal cliff. >> let's talk about taxing overseas profits only where they are earned. explain that. >> well, that's really something where the united states is an outlier and the argument here is bring them back where they're earned. at the moment the problem is...
327
327
Dec 5, 2012
12/12
by
FOXNEWSW
tv
eye 327
favorite 0
quote 0
cliff. the president plans to deliver remarks and answer questions during a meeting of a business roundtable. critics say the president will call on business leaders to press lawmakers about raising the debt ceiling. while that is happening we expect to hear from house speaker john boehner any moment right now on the hill for the latest on what's happening on fiscal matters. martha? martha: meanwhile, there are new evacuations that have been ordered in a community where a train carrying toxic chemicals derailed nearly a week ago. 100 families told they have to leave their homes in new jersey near philadelphia. they have to play it safe until the last of the hazard does gas is removed. >> what we'll do we'll pump liquid in that dissolves the vinyl chloride. we'll pump that liquid back out into the highway truck. we have a derailment of hazardous of materials over and in a waterway and a community adjacent to it, right next to it. martha: the rail line is paying for hotel rooms and other expen
cliff. the president plans to deliver remarks and answer questions during a meeting of a business roundtable. critics say the president will call on business leaders to press lawmakers about raising the debt ceiling. while that is happening we expect to hear from house speaker john boehner any moment right now on the hill for the latest on what's happening on fiscal matters. martha? martha: meanwhile, there are new evacuations that have been ordered in a community where a train carrying toxic...
128
128
Dec 6, 2012
12/12
by
CURRENT
tv
eye 128
favorite 0
quote 0
michael, on your deadline fiscal cliff we know when it happens january 1. the president's got his plan, the republicans have sort of a plan. the center for american progress came out with its own this week, why? you don't think the others are good enough? >> well, what we saw as a real need was a plan for comprehensive tax reform. not just nibbling around the edges but really trying to do something big and bold that would not only raise the revenue that we need and we do absolutely need to raise revenue but fix the problems in the tax code and we don't think that that's something that's going to happen in the next three weeks. we do think that that's something that's going to happen or could happen over the next year. and the parameters for that might be agreed upon in the next few weeks. we really wanted to put that out there and say listen, here are some really good ideas on how to really fundamentally reshape -- >> bill: first two or three points, what are you proposing in terms of raising the tax rates for the wealthiest go up? what else? >> the basic p
michael, on your deadline fiscal cliff we know when it happens january 1. the president's got his plan, the republicans have sort of a plan. the center for american progress came out with its own this week, why? you don't think the others are good enough? >> well, what we saw as a real need was a plan for comprehensive tax reform. not just nibbling around the edges but really trying to do something big and bold that would not only raise the revenue that we need and we do absolutely need...
318
318
Nov 30, 2012
11/12
by
CNNW
tv
eye 318
favorite 0
quote 0
and even as a small business person, everyone talks about what the fiscal cliff could do to small business, what obama care can do for small business, but you said we shouldn't worry about that so much, that we should get some sort of compromise in order to keep moving and keep talking and keep moving forward? >> well, i think that it was pretty clear during the course of the election and since and even in the president's speech today where he said he's willing to give on some revenue and some spending cuts, he's proposed some, he's already passed some into law. and beyond that, just from my perspective, what i see is that we know that we're a confidence-based economy, we're 70% of the economy driven by consumer spending and anything that puts a crimp in consumer spending is not good for the economy. so to put a tax rise, a tax rate increase for the middle class makes no sense to me. someone who makes 50, 60, $70,000 a year will lose and will take away a lot of discretionary purchases from people like me and travel and a whole host of other areas. i hope our leaders in washington are liste
and even as a small business person, everyone talks about what the fiscal cliff could do to small business, what obama care can do for small business, but you said we shouldn't worry about that so much, that we should get some sort of compromise in order to keep moving and keep talking and keep moving forward? >> well, i think that it was pretty clear during the course of the election and since and even in the president's speech today where he said he's willing to give on some revenue and...
263
263
Nov 29, 2012
11/12
by
CNBC
tv
eye 263
favorite 0
quote 0
as we approach the fiscal cliff and harry reid's state has been slow. it's hit every industry in nevada and i mean every industry. >> how's business? >> it's been better. >> susan austin run as small business outside reno, nevada, but her business is different. it's a brothel. the legendary mustang ranch. >> this is one of our suites, the asian suite. austin thought the world's oldest profession would be recessionproof. not true. >> then went my high rollers. they discovered they didn't have the discretionary income and they couldn't play as hard as they used to. well that definitely dug into their wallets which definitely affected us. >> will the fiscal cliff impact the mustang ranch? >> well, if folks rub out of money and jobs, i suppose it could. >> gillman is a republican who is looking to nevada's powerful democrat harry reid to keep that from happening. >> do you like harry read? >> harry reid and i have been friends if 30r years and harry and i both share a vision and a love for the state of nevada. >> susan austin says even here the cliff will h
as we approach the fiscal cliff and harry reid's state has been slow. it's hit every industry in nevada and i mean every industry. >> how's business? >> it's been better. >> susan austin run as small business outside reno, nevada, but her business is different. it's a brothel. the legendary mustang ranch. >> this is one of our suites, the asian suite. austin thought the world's oldest profession would be recessionproof. not true. >> then went my high rollers. they...
193
193
Nov 30, 2012
11/12
by
MSNBCW
tv
eye 193
favorite 0
quote 0
cliff, rather, and if they don't, it could harm consumer can ha confidence and in turn businesses like this one in pennsylvania. but, chris, also expect republicans to sort of lob a counterpunch today. i expect them to sort of highlight a business nearby that could be harmed if taxes do go up on those making $250,000 or more because, of course, that is for some small businesses their budget level. chris? >> and one thing, a quick follow-up, did the white house -- do you have any indication did the white house expect the reaction they got on capitol hill yesterday? i assume with this proposal, which much of it isn't new. this is essentially the president's budget proposal from last year, that they didn't think john boehner was going to say, that sounds good, let's do that. but did they expect the dismissiveness and john boehner's tone in his press conference yesterday? did that catch them by surprise at all? >> reporter: well, i think the white house democrats were a little surprised by the backlash but, as you point out, this budget proposal is essentially what the president proposed l
cliff, rather, and if they don't, it could harm consumer can ha confidence and in turn businesses like this one in pennsylvania. but, chris, also expect republicans to sort of lob a counterpunch today. i expect them to sort of highlight a business nearby that could be harmed if taxes do go up on those making $250,000 or more because, of course, that is for some small businesses their budget level. chris? >> and one thing, a quick follow-up, did the white house -- do you have any...
354
354
Dec 5, 2012
12/12
by
CNNW
tv
eye 354
favorite 0
quote 0
get their act together and deal with the fiscal cliff. brace yourself for a job number that could be even lower than the already weak forecast. i hope i am wrong about that. from the cnn money newsroom in new york, i'm ali velshi. that's it from me. same time tomorrow. i plugged in snapshot, and 30 days later, i was saving big on car insurance. with snapshot, i knew what i could save before i switched to progressive. the better i drive, the more i save. i wish our company had something this cool. you're not filming this, are you? aw! camera shy. snapshot from progressive. test-drive snapshot before you switch. visit progressive.com today. plays a key role throughout our lives. one a day men's 50+ is a complete multivitamin designed for men's health concerns as we age. it has 7 antioxidants to support cell health. one a day men's 50+. it has 7 antioxidants to support cell health. social security are just numbers thinkin a budget.d... well, we worked hard for those benefits. we earned them. and if washington tries to cram decisions about th
get their act together and deal with the fiscal cliff. brace yourself for a job number that could be even lower than the already weak forecast. i hope i am wrong about that. from the cnn money newsroom in new york, i'm ali velshi. that's it from me. same time tomorrow. i plugged in snapshot, and 30 days later, i was saving big on car insurance. with snapshot, i knew what i could save before i switched to progressive. the better i drive, the more i save. i wish our company had something this...
211
211
tv
eye 211
favorite 0
quote 0
and the fiscal cliff negotiations. u.s. banks posting their best quarterly performance in six years. according to the fdic, banks posted a combined profit of more than 37 1/2 billion dollars during the third quarter. that is the 6.6% increase from the same time last year. the number of banks on the agency's problem list also fell from 732 to 694. >>> newly-elected massachusetts senator elizabeth warren has been tapped by democrats for a seaton the senate banking committee. warren won her seat campaigning as a populist who would crack down on big banks. this comes two years after she unsuccessfully lobbied to the run for the consumer protection bureau. that is the latest from fox business network, giving you the power to prosper lori: let's give you an update. i was chuckling because so many people are talking about anna wintour, nomination, to be ambassador to england. a lot of people gufawing over that. let's talk about the stock market. it is doing absolutely nothing. the reason is investors are holding out, they hope we
and the fiscal cliff negotiations. u.s. banks posting their best quarterly performance in six years. according to the fdic, banks posted a combined profit of more than 37 1/2 billion dollars during the third quarter. that is the 6.6% increase from the same time last year. the number of banks on the agency's problem list also fell from 732 to 694. >>> newly-elected massachusetts senator elizabeth warren has been tapped by democrats for a seaton the senate banking committee. warren won...
108
108
Dec 5, 2012
12/12
by
CSPAN2
tv
eye 108
favorite 0
quote 0
on the substance, the senate has passed a bill that goes a long way to address the fiscal cliff. that's already passed here. last july the senate passed a bill to continue tax cuts for 98% of all americans and 90% of all american small businesses. if the republican leader were serious about preventing us from going over the fiscal cliff, he would urge his colleague, the speaker, tpo get the house to -- to get the house to take up the senate-passed bill now. there are republicans who have already said that's the right thing to do, conservatives, moderates, we had one senator today who said she thinks that should happen. in the meantime -- that was a republican senator, by the way. the republican leader is, mr. president, just as stunned. the election is over. it's time to get down to business. mr. president, this paper he has, secretary geithner didn't bring that stack of stuff to me. it was a private meeting, trying to work something out with this very troublesome issue fating -- facing this country: the deficit, the debt. this private meeting turned out to be a publicity stunt f
on the substance, the senate has passed a bill that goes a long way to address the fiscal cliff. that's already passed here. last july the senate passed a bill to continue tax cuts for 98% of all americans and 90% of all american small businesses. if the republican leader were serious about preventing us from going over the fiscal cliff, he would urge his colleague, the speaker, tpo get the house to -- to get the house to take up the senate-passed bill now. there are republicans who have...
518
518
Dec 5, 2012
12/12
by
CNNW
tv
eye 518
favorite 0
quote 0
the optics of republicans leaving today, wednesday, with two days left in the week with the fiscal cliff not too far away certainly may be questionable. what they insist is that their members are going to go back home and talk to their businesses and small business leaders to maybe play the outside in-game that the president has been playing by trying to rally support for his side of this issue. >> dana bash, reporting live from capitol hill. >>> also, right now, brefing congress about exactly what happened in benghazi. every single members of the house of representatives, all 400 plus of them were invited. so elise, this is a multimedia presentation. so is it a power point on benghazi? >> reporter: well, carol, the members are just starting to arrive right now. they will be meeting in this room right here, this auditorium. minority leader nancy pelosi just arrived. basically, it's going to be very similar to the briefing that some of the members of the intelligence committees, armed services committee, the leadership, those classified briefings already took place with a very specific le
the optics of republicans leaving today, wednesday, with two days left in the week with the fiscal cliff not too far away certainly may be questionable. what they insist is that their members are going to go back home and talk to their businesses and small business leaders to maybe play the outside in-game that the president has been playing by trying to rally support for his side of this issue. >> dana bash, reporting live from capitol hill. >>> also, right now, brefing congress...